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SEC probes Binance, Reuters finds billions in crypto washed via the exchange

Last week, Binance said that money laundering in crypto is no big deal, claiming that just 0.15% of 2021 crypto transactions were illicit. This week, it doubled down on that claim, publishing a name-calling rant against “breathless pearl clutching” journalists who “spread disinformation,” “cherry pick data,” and “feed into the cult of crypto paranoia for fame.” Now, the[Read more…]